Income & Economy in Wells River, VT

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$40,556

-45% vs national

Per Capita Income

$26,622

-28% vs national

Poverty Rate

29.2%

+115% vs national

Gini Index

0.4168

0 = perfect equality

Unemployment

10.4%

+100% vs national

SNAP Recipients

27.4%

of households

How Wells River Compares

Source: Census ACS (2023)

Wells River vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Wells River is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Wells River. The median household income here is $40,556.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
30.4%
$25-50K
27.4%
$50-75K
24.4%
$75-100K
7.1%
$100-150K
6.0%
$150-200K
1.8%
$200K+
3.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

10.4%

+122% vs VT avg

Labor Force

144

Employed

129

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

12.1%

of adults 25+

High School Diploma+

48.4%

of adults 25+

Median Age

52.4

Work from Home

6.3%

of workers

The median household income in Wells River, VT is $40,556, which is 44.6% below the national average of $73,224. Per capita income is $26,622. The poverty rate of 29.2% is higher than the VT state average of 10.4%. The Gini index of income inequality is 0.4168, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 10.4%, compared to the state average of 4.7%. 12.1% of adults hold a bachelor's degree or higher.